Child benefit – make sure you claim

Most people will be aware that where you have a child under the age of 16 (or under the age of 20 if in approved education or training) you will be entitled to claim child benefit. The majority of people will also be aware that if a person’s income is above £50,000...

HMRC delays issuing late tax return penalties

Everyone will be aware that HMRC issues late filing penalties to anyone that does not submit their tax return by the filing deadline, which for many was 31 January 2019 for the year ended 5 April 2018. Usually these penalties are issued in February, however this year...

Can you do anything to save yourself some tax?

As the end of the tax year is nearly upon us, now is the time to be thinking about what action can be taken to assist in reducing tax liabilities for the year ended 5 April 2019. Ensuring that all the appropriate reliefs and allowances have been used should always be...

What could you do to save tax?

As it nears to the end of tax year I have given some thought to some of the ways that action taken now may assist in reducing a tax liability for the year ended 5 April 2018. Consideration should be given to ensuring that all the appropriate reliefs have been used. In...